As of December 2024 the median rental rate in Morristown is $1,072 which is $114 (10%) less than the median of $1,186 for Hamblen County, $284 (21%) less than the median of $1,356 for Tennessee and $525 (33%) less than the median of $1,597 for the United States.
| Median | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|
| Morristown | $1,072 | $832 | $1,064 | $1,319 |
| Hamblen County | $1,186 | $852 | $1,077 | $1,627 |
| Tennessee | $1,356 | $1,041 | $1,309 | $1,717 |
| United States | $1,597 | $1,236 | $1,565 | $1,989 |
